Airport Management Market 2018 Global Leaders: Rockwell Collins, Inform GmbH, SITA, Amadeus IT Group, QinetiQ, Raytheon, Siemens AG, Honeywell International

Market Research Future published a research report on “Airport Management Market Research Report - Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Airport Management Global Market - Overview

The airport management market is expected to showcase a significant growth. The increasing demand for advanced airport management systems and security concerns is the major factor boosting the market growth. Proper management facilities at the airport ensures better queue management at the airport and proper management services. According to a recent study report published by the Market Research Future, the global market of Airport Management is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).

It is observed that airports are increasingly adopting technology solutions to improve their operational efficiency, improve passenger experiences, reduce operational costs, and boost revenues. The US passengers are faster in adopting travel-related technology and mostly prefer self-service technology options. They generally prefer mobile devices for booking flights, purchasing tickets, check-in, boarding, and baggage handling. The investor are spending significant amount on technology related to passenger processing, airport operations, baggage handling, and security. The government of developing nations is undertaking various activities such as airport expansions, constructing new terminals, upgrading of systems, and establishing new airports to improve country’s economy and support the increasing air traffic are fuelling market growth.

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Key Players

The prominent players in Airport Management Market are – IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), Siemens AG (Germany), Honeywell International Inc. (U.S.), Raytheon (U.S.), QinetiQ (U.K.), Amadeus IT Group (Spain), SITA (Switzerland), Rockwell Collins, Inc. (U.S.), Inform GmbH (Germany) and others.

Segments:

Airport management market can be segmented on the basis of following:

By Component

Software

• Passenger Systems
• Non Passenger Systems

Services

• Managed Services
• Professional Services

By Airport Size

• Class A
• Class B
• Class C
• Class D

By Application

• Security
• Content Management
• Logistics
• Integration
• Collaboration
• Gate Management
• Performance Management
• Business Applications
• Others

Regional Analysis:

The regional analysis of airport management market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in airport management market in North America is attributed to technical advancements and increasing security concerns at the airports in that region. With the increasing adoption of smartphones and tablets, customer engagement has become easy and better service provision is made possible, right from issuing and e-ticket to receiving details about baggage too.

Industry News

27 Jun 2017 – IBM a leading IT solution provider. The company has announced its association with American Airlines, the airlines company will be using IBM cloud service for making the internal process more efficient, faster, and easier to adapt to handle air traffic during high volume periods.

24 Jul 2017– SEA, a leading Italian airport operator has announced it seven-year agreement policy with IBM. The company will be using IBM cloud service for managing SEA’s IT infrastructure on a hybrid IT environment that incorporates the IBM Cloud.

Airport Management Global Market - Competitive Analysis

The market of Airport Management market appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

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Intended Audience

• Technology Investors
• Research/Consultancy Firms
• Infrastructure Providers
• Chip designers and fabricators
• Original equipment manufacturers (OEMs)
• OEM technology solution providers

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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